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Politics : Just the Facts, Ma'am: A Compendium of Liberal Fiction
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To: American Spirit who wrote (9151)6/16/2004 9:31:03 PM
From: DavesM  Read Replies (2) of 90947
 
Wrong. GDP (and where it is moving) is probably the best single way to measure the health of the economy

Anyway, running Federal Deficits during recessions is a very good idea. One can argue, that President Clinton raised taxes (and cut welfare benefits), at the best time to do so, because the economy was in recovery.

The Federal Government is not like a family budget, or even a State Budget, and shouldn't be run as one. Raising taxes, or cutting benefits during an economic slowdown, would only exacerbate the economic slowdown. The time to cut government benefits and raise taxes is during a recovery.
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